CELSE Centrais Elétricas de Sergipe S.A. (“CELSE” or the “Sponsor”) is developing the Power Plant Port of Sergipe I (“Project”), a greenfield gas-fired combined cycle thermal power plant and associated infrastructure. The project consists of a 1,500 MW combined-cycle power plant using three GE 7HA.02 gas turbines (GTs) with corresponding Heat Recovery Steam Generators (HRSG) and one steam turbine (ST). It will be connected to the grid via a 34.2 km double circuit 500-kV transmission line and air-insulated connection bay linking to an existing substation with potential to receive up to 3,000 MW. The project further includes a fully dedicated chartered floating storage and regasification unit (FSRU) with a storage capacity of 170,000 m3 and a liquefied natural gas (LNG) regasification capacity of up to 14 million m3/day with a Submerged Soft Yoke (SSY) mooring structure. The FRSU will be located 6.5 km offshore and will connect to the power plant via an 18-inch diameter offshore and onshore gas pipeline to transfer the regasified LNG (RLNG) from the FSRU to the combined-cycle power plant. Seawater cooling towers will be used for the condenser cooling. The water intake and cooling water discharge are located offshore, and are connected to the power plant with pipelines that follow routing along to the RLNG pipeline with a seawater pumping station located on-shore.

CELSE was created in 2015 by EBRASIL- Eletricidade do Brasil and Golar Power (a joint-venture between Golar LNG and Stonepeak Infrastructure Partners).